Bought with Tanya Roy • KW Coastal and Lakes & Mtns Realty/A Notch Above
$175,000
$175,000
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3 Beds
3 Baths
2,668 SqFt
SOLD DATE : 11/22/2024
Key Details
Sold Price $175,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,668 sqft
Price per Sqft $65
MLS Listing ID 5006668
Sold Date 11/22/24
Bedrooms 3
Full Baths 3
Construction Status Existing
Year Built 1950
Annual Tax Amount $2,635
Tax Year 2023
Lot Size 0.370 Acres
Acres 0.37
Property Description
Unique and Versatile Investment Opportunity in the Northeast Kingdom of Vermont Discover the charm of the Northeast Kingdom in Canaan, VT, with this versatile 3-unit building located right on the Canadian border. This property offers excellent investment potential and a variety of living and business possibilities. Unit 1 (Ground Level): Currently set up as an office space with a reception area, conference room, storage, and a half bath. Easily convertible into an additional apartment, perfect for maximizing rental income. Unit 2 (Ground Level): A cozy 1-bedroom apartment with a full bathroom. Open concept kitchen, dining, and living area. Plenty of storage space, ideal for comfortable living. Unit 3 (Second Floor): Spacious office space featuring 2 private offices, a kitchenette, an oversized open area, and a half bath. Potential to convert back into an apartment, with space available for adding a shower or tub to the bath. Additional Property Features: Very energy efficient with low heating and electric costs. An open back lawn area perfect for relaxation or outdoor activities. Direct access to snowmobile and ATV trails, catering to outdoor enthusiasts. Close proximity to all area mountains, lakes and rivers, providing ample recreational opportunities. This property is also a great option for short-term rentals like Airbnb. For those looking to occupy one unit, the rental income from the other two units can significantly offset monthly living expenses!
Location
State VT
County Vt-essex
Area Vt-Essex
Zoning Town of Canaan, VT
Rooms
Basement None
Interior
Cooling None
Flooring Carpet, Vinyl
Exterior
Garage Description Driveway
Utilities Available None
Roof Type Rolled
Building
Story 2
Foundation Slab - Concrete
Sewer Public
Construction Status Existing
Schools
Elementary Schools Canaan School
Middle Schools Canaan Schools
School District Canaan School District
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